The News: Most Say Job Hunts to Take More Time

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Several people have asked how long they should expect a job search to take nowadays. The rule of thumb used to be a month for every $10,000 in salary. That was an average, and many searches on Wall Street took less time, and people with needed skills or a book of existing business could move fairly quickly. Now comes a report from recruiter Korn/Ferry saying most executives it surveyed (83 percent) expect they'll need more than four months to find a new job, and 43 percent think they'll need at least seven months. In the past, most of these people (71 percent) had never taken more than three months land a job.


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